Billionaire Burkle may join ‘Journal’ union in Dow Jones bid

Filed under Deals, Ron Burkle
June 5, 2007 10:48 am

Billionaire investor Ron Burkle is interested in exploring a bid for Dow Jones (DJ), publisher of The Wall Street Journal, in conjunction with the union that represents Journal employees, the head of the union said Tuesday.

The union, the Independent Association of Publishers’ Employees, had reached out to Burkle and other potential bidders after Dow Jones’ controlling shareholders agreed to meet with Rupert Murdoch to consider his $5 billion bid for the company.

 

read the rest of the story published in USAToday  here:

http://www.usatoday.com/money/media/2007-06-05-dow-jones-burkle_N.htm

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